458:16-b Restraining Orders Regarding Property. –
I. Upon the filing of an action under this chapter, the court shall issue an order restraining each party from selling, transferring, encumbering, hypothecating, concealing, or in any manner whatsoever disposing of any property, real or personal, belonging to either or both parties except:
(a) By written agreement of both parties;
(b) For reasonable and necessary expenses of living;
(c) In the ordinary and usual course of business;
(d) In the ordinary and usual course of investing; or
(e) By order of the court.
II. After the order is served, either party may file a written request with the clerk of the superior court for a hearing thereon. Such a hearing shall be held no later than 5 days after the request is received by the clerk for the county in which the petition for divorce, annulment or decree of nullity is filed.
Source. 1987, 278:1. 2004, 114:2, eff. May 17, 2004.